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AirBoss of America (TSX:BOS) Cyclically Adjusted FCF per Share : C$0.77 (As of Mar. 2024)


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What is AirBoss of America Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

AirBoss of America's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-0.368. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$0.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AirBoss of America's average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of AirBoss of America was 180.20% per year. The lowest was -8.40% per year. And the median was 19.50% per year.

As of today (2024-06-06), AirBoss of America's current stock price is C$5.85. AirBoss of America's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.77. AirBoss of America's Cyclically Adjusted Price-to-FCF of today is 7.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AirBoss of America was 128.71. The lowest was 4.53. And the median was 23.02.


AirBoss of America Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AirBoss of America's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AirBoss of America Cyclically Adjusted FCF per Share Chart

AirBoss of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.95 0.86 0.71 0.73

AirBoss of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.81 0.83 0.73 0.77

Competitive Comparison of AirBoss of America's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, AirBoss of America's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AirBoss of America's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AirBoss of America's Cyclically Adjusted Price-to-FCF falls into.



AirBoss of America Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, AirBoss of America's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.368/126.2576*126.2576
=-0.368

Current CPI (Mar. 2024) = 126.2576.

AirBoss of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 99.473 0.046
201409 0.059 99.394 0.075
201412 0.860 98.367 1.104
201503 -0.383 99.789 -0.485
201506 0.723 100.500 0.908
201509 0.170 100.421 0.214
201512 0.189 99.947 0.239
201603 -0.204 101.054 -0.255
201606 0.708 102.002 0.876
201609 0.276 101.765 0.342
201612 0.515 101.449 0.641
201703 -0.215 102.634 -0.264
201706 0.098 103.029 0.120
201709 -0.022 103.345 -0.027
201712 0.054 103.345 0.066
201803 -0.175 105.004 -0.210
201806 0.108 105.557 0.129
201809 0.195 105.636 0.233
201812 0.535 105.399 0.641
201903 -0.313 106.979 -0.369
201906 -0.145 107.690 -0.170
201909 0.398 107.611 0.467
201912 -0.380 107.769 -0.445
202003 0.601 107.927 0.703
202006 0.774 108.401 0.901
202009 0.751 108.164 0.877
202012 2.440 108.559 2.838
202103 -0.412 110.298 -0.472
202106 -0.419 111.720 -0.474
202109 -5.826 112.905 -6.515
202112 6.040 113.774 6.703
202203 -1.560 117.646 -1.674
202206 0.351 120.806 0.367
202209 -0.912 120.648 -0.954
202212 0.234 120.964 0.244
202303 0.256 122.702 0.263
202306 0.712 124.203 0.724
202309 0.330 125.230 0.333
202312 0.300 125.072 0.303
202403 -0.368 126.258 -0.368

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


AirBoss of America  (TSX:BOS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AirBoss of America's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.85/0.77
=7.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AirBoss of America was 128.71. The lowest was 4.53. And the median was 23.02.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


AirBoss of America Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of AirBoss of America's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


AirBoss of America (TSX:BOS) Business Description

Industry
Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.
Executives
Matthew Boccia Senior Officer

AirBoss of America (TSX:BOS) Headlines